Credit and Debt

Deficit Politics Returns in Debate Over Trump Tax Cuts

The legislation that Republicans are trying to push through Congress could swell the very fiscal imbalance that party leaders have promised to tame for years.

By Tony Romm

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Consumers Are Financing Their Groceries. What Does It Say About the Economy?

Increased use of “buy now, pay later” loans may signal shifting consumer habits, but could also be a troubling sign of financial stress.

By Julie Creswell

Banking and Financial Institutions Congressional Budget Office Credit and Debt Federal Budget (US) Federal Reserve System Interest Rates Law and Legislation Senate Taxation Trump, Donald J United States Politics and Government

Economists Question G.O.P. Bill: Why Increase the Deficit in Good Times?

Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future crises.

By Ben Casselman and Colby Smith

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What ‘Buy Now, Pay Later’ Defaults Say About the Consumer

An increase in deferred pay-later loans has raised alarms, as the Trump administration seeks to gut the agency tasked with policing the sector.

By Andrew Ross Sorkin Bernhard Warner Sarah Kessler Michael J.